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OR1015-24a

Approval of Incorporated County of Los Alamos Ordinance No. 732; An Ordinance Authorizing the Execution and Delivery of a Loan Agreement (“Loan Agreement”) By and Between the Incorporated County of Los Alamos, New Mexico (the “Governmental Unit”) and the New Mexico Finance Authority, Evidencing a Special Limited Obligation of the Governmental Unit to Pay a Principal Amount of No More Than $2,020,000, Together with Interest, Expenses, and Administrative Fees Thereon, for the Purpose of Financing the Costs of Construction of Electrical and Mechanical Upgrades, Specifically the Water Production Replacement of the Supervisory Controls and Data Acquisition System and Related Appurtenances of the Project; Providing for the Pledge and Payment of the Principal, Administrative Fees and Interest Due Under the Loan Agreement Solely From the Net Revenues of the Joint Utility System of the Governmental Unit; Setting an Interest Rate for the Loan; Approving the Form of and Other Details Concerning the Loan Agreement; Ratifying Actions Heretofore Taken; Repealing All Action Inconsistent with This Ordinance; and Authorizing the Taking of Other Actions in Connection with the Execution and Delivery of the Loan Agreement.

Ordinance Public Hearing Introduced March 26, 2024

What this record is

Held by
Special Limited 3 records across this site
Amount
$2.02M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Construction

construction contracts in NM that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Special Limited also holds

Approval of Resolution 2024-23: Authorizing the Execution and Delivery of a Loan Agreement and Intercept Agreement By and Between the City of Española… $871K Española, NM Incorporated County of Los Alamos Ordinance No. 732; An Ordinance Authorizing the Execution and Delivery of a Loan Agreement (“Loan Agreement”) By and… $2.02M Los Alamos County, NM
Committee
Board of Public Utilities
Requested by
Department of Public Utilities
Introduced
March 26, 2024
On agenda
April 17, 2024
Passed
April 17, 2024

Where it was heard

Board of Public Utilities Apr 17, 2024 approval

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